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Timnath 80547
6942 Ridgeline Dr
$2,145,000
● House - Off Market

6942 Ridgeline Dr

Timnath, CO 80547
bedrooms
4 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
4,534 Ft²
$11,684
Est. Monthly
$305
HOA / Fees
1.03%
Cap Rate

About This Property

Traditional Elegance!!! A RARE FIND---Luxurious finishes and timeless design. Amazing views backing to open space and the 5th fairway. Also enjoy water and mountain views from your decks, dining and gourmet kitchen. Professional grade appliances, Designer stones, finishes, and lighting. Harmony offers premier resort style of living; five star restaurant, salt water pool, exercise facility, pickle ball, tennis, basketball court, renowned golf, and walking/bike trails. Custom elegance abounds.
Unit Size
4,534 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$473
Property Type
House
Property Taxes
$846
HOA Dues
$305
Year Built
2012

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (IRES MLS #1024896)

Price History

Date / Event Date Event Price
Feb 20, 2025 Sold
Premium
Sold
Jan 20, 2025 Listed by Luxury Homes LLC $2,145,000
Listed by Luxury Homes LLC
Dec 11, 2018 Sold
Premium
Sold
Apr 21, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,682
  • Garage Type: 1
  • Garage Square Area: 932
  • Parking Space Count: 4
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0
  • Location Influence Type: 101

    Dimensions

  • Lot Size Square Feet: 15,863
  • Total Building Area: 6,326
  • Gross Building Area: 6,326
  • Building Area: 4,555
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,555
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARMONY SUBDIVISION 2ND FIL, TIM (200700
  • Land Acres: 0000000364
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 137, BLOCK 5, HARMONY SUBDIVISION 2ND FIL, TIM (20070020818)

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002506

Geography

  • Assessors Map Reference: 87361
  • Account Number: R1645500
  • Parcel: R1645500
  • Block: 5
  • Lot: 137
  • Meridian: SEC 36 TWN 7N RNG 68W
  • Municipality: TIMNATH
  • Latitude: 40.5344
  • Longitude: -104.949

    Address

  • Full Address: 6942 Ridgeline Dr
  • Address - House Number: 6942
  • Address - Street Name: Ridgeline
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Timnath
  • Carrier Code: R053
  • 4-Digit Zip Code: 2218
  • Zip Code: 80547

Valuation

    Tax

  • Total Area: 5,394
  • Tax Year: 2023
  • Tax Amount: $1,015,542
  • Tax Rate Code Area: 1603

    Appraisal Valuation

  • Standard Deviation: 0.1386
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 1,840,758
  • High Value: 2,095,937
  • Low Value: 1,585,580

    Market Valuation

  • Market Total Value: $1,555,000
  • Market Land Value: $435,900
  • Market Improvement Value: $1,119,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $104,185
  • Assessed Land Value: $29,205
  • Assessed Improvements Value: $74,980

    Sales

  • Current Sale Contract Date: Dec 07, 2018
  • Current Sale Recording Date: Dec 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20180075492
  • Previous Sale Recording Date: Apr 21, 2011
  • Previous Sale Contract Date: Apr 15, 2011
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Timnath

Stats & Trends

Median Asking:

$739,900

Sale Price/ft²

$268

Below Asking

0.02%

Average Days on Market

71

Average Home Size

3002 ft²

Average Home Age

7.7 years

Currently For Sale

119 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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IRES

Listed by: Shirley Watson, Luxury Homes LLC
Last Updated: 2 years ago
Data Source: IRES MLS, MLS# 1024896
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 6942 Ridgeline Drive built and last sold?
The property at 6942 Ridgeline Drive was built in 2012 and last sold on Dec 7, 2018 for $1,395,000.
How much is this home worth?
The estimated value of the home located at 6942 Ridgeline Drive is $0.
What are some comparable homes to 6942 Ridgeline Drive?
There are currently no comparable homes to 6942 Ridgeline Drive.
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